CORPORATE GOVERNANCE

﻿We Recognize & Value Transparency and Open Business Communication

Our foundation as a top oil marketing company in Africa is deeply rooted in the fundamentals of good corporate governance and strict adherence and compliance with industry and statutory regulatory requirements. Over the years, we have established a robust corporate governance regime as stated in our business values and guided by our Board of Directors. Because of our excellent corporate governance reputation, we have become a highly recognizable and reputable corporate brand in Africa.

The KenolKobil Group conducts its business in a socially responsible and ethical manner, respects the law, observe international financial, accounting and reporting standards as well as implement strict documentation of its business processes. We have put in place appropriate Information Management Systems (MIS) including the Oracle Information Management System to ensure that our business processes meet international best practice requirements.

The oasis of our impressive corporate governance reputation is our recognition and value for transparency and belief in open business communications. We provide all relevant disclosures and information as may be required by our stakeholders about our business except that which is restricted by legal confidentiality.

As a publicly listed Company on the Nairobi Stock Exchange (NSE), KenolKobil Limited has maintained a consistently high rating on the Stock Market. Our shares trade in the NSE 20 Share Index which is an elite list of the top 20 most traded stocks on the Exchange.Our strict compliance to statutory requirements has earned us several awards and recognition. The Kenya Revenue Authority (KRA) and the Kenya Ports Authority (KPA) have in the past recognized us for being a top corporate tax payer as well as a top importer of petroleum products in Kenya respectively.